 |
Chapter 1 - Definitions and Interpretation |
|
101 |
Definitions |
|
102-105 |
Interpretation |
|
106 |
Amendment |
|
107-108 |
Exclusion of Liability |
|
109 |
Governing Law |
|
110 |
SEOCH Management of SEOCH Collateral |
|
111-113 |
Notice |
|
114-115 |
Transitional Provisions |
|
Chapter 2 - Clearing by SEOCH |
|
201 |
Acceptance for Clearing of Contracts |
|
202 |
OCH Contracts and NCP Contracts |
|
203-207 |
Terms of OCH Contracts |
|
208-209 |
Terms of NCP Contracts |
|
210 |
Effect of Give-ups on OCH Contracts and NCP Contracts |
|
211 |
Effect of Novation or Discharge |
|
212 |
Error Trades |
|
213 |
Adjustments to Contracts |
|
214 |
SEOCH Price Determinations |
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Chapter 3 - SEOCH Participantship |
|
301-302 |
Categories of SEOCH Participantship |
|
303 |
Qualification |
|
304-307 |
Applications |
|
308-312 |
Approval |
|
313 |
Registration |
|
Chapter 4 - SEOCH Participants' Obligations |
|
401 |
Compliance with the Clearing Rules |
|
402-403 |
Continuing Obligations |
|
404 |
Options Clearing Officers |
|
404A |
Reserve Fund Purpose |
|
405-410 |
Reserve Fund Requirements |
|
411 |
Maximum Current Liability to Contribute to the Reserve Fund |
|
412-413 |
SEOCH Use and Order of Application of the Reserve Fund |
|
413A-413B |
Accounts of Reserve Fund |
|
414 |
Recoveries |
|
415-418 |
No Transfer of SEOCH Participantship |
|
419-427 |
Resignation as a SEOCH Participant |
|
428-428A |
Confidentiality |
|
429-434 |
Clearing Agreements |
|
435-437 |
Monitoring by GCPs |
|
438 |
Right to Demand Documents |
|
439-441 |
Power to Make Inspections |
|
442 |
Power of SEOCH to Modify the Terms of Continued Participantship |
|
443 |
[Repealed] |
|
Chapter 5 - Exercise, Delivery and Settlement |
|
501-507 |
Exercise |
|
508-511 |
Delivery and Settlement Under OCH Contracts |
|
512 |
[Repealed] |
|
513 |
Indemnity |
|
Chapter 6 - Risk Management and Payment Procedures |
|
601-602 |
Premium and Settlement Amounts |
|
603-607 |
Margin and SEOCH Collateral |
|
608-610 |
Margin, Premium and Settlement Amounts Calculation |
|
611-613 |
Collection of Margin, Premium and Settlement Amounts by SEOCH |
|
614-615 |
Intra-day Margin |
|
615A |
Special Block Trade Margin |
|
616 |
Interest |
|
617-620 |
Fees, Levies and Charges |
|
621-622 |
SEOCH CCMS Collateral Accounts |
|
623 |
[Repealed] |
|
624-630 |
Position Limits |
|
631 |
Exercise Limits |
|
Chapter 7 - Default Procedures |
|
701-705 |
Default |
|
706-712 |
General |
|
713 |
Indemnity |
|
714-717 |
GCP Obligations on Default or Resignation |
|
718 |
Suspension of SEOCH Participantship |
|
719-721 |
Expulsion |
|
722-723 |
Return of Reserve Fund Requirements of an Expelled or Resigning SEOCH Participant |
|
724 |
Default Procedures Prevail |
|
Chapter 8 - Disciplinary |
|
801-802 |
Situations Calling for Disciplinary Action |
|
803 |
Co-operation |
|
804 |
Notification |
|
805 |
Procedures |
|
806 |
The SEOCH Board's Disciplinary Powers |
|
807 |
Summary Offences |
|
Chapter 9 - Emergency Procedures |
|
901 |
Suspension of Access to the Options Clearing System |
|
902 |
Emergency Committee |
|
903 |
Typhoon Signals and Black Rainstorm Warnings |
|
904 |
Facsimile Instruction Entry |
|
Chapter 10 - Stamp Duty |
|
1001 |
Stamp Duty Assessment and Collection |
|
Chapter 11 - DCASS |
|
1101 |
Introduction |
|
1102-1107 |
Connection to DCASS |
|
1108-1112 |
DCASS Equipment and Software |
|
1113-1114 |
Liability of SEOCH Participants |
|
Chapter 12 - CCMS |
|
1201 |
Introduction |
|
1202-1205 |
Connection to CCMS |
|
|
1206-1210 |
CCMS Equipment and Software |
|
1211 |
Backup Centre for CCMS |
|
1212-1213 |
Liability of SEOCH Participants |
|
First Schedule |
Process for Substitution and Novation of Options Contracts |
|
Second Schedule |
Effect of Give-Ups on OCH Contracts and NCP Contracts |
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* * * * * * * * * *
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(Update No. 1 2007 of the Options Clearing Rules is now available for subscription. For those who wish to subscribe hardcopy updates to the Options Clearing Rules, please complete and return the attached copy of the Updating Service Request Form.) |